Yatra (NASDAQ: YTRA) director Shringi reports 4.34M shares and performance units
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Yatra Online, Inc. director Dhruv Shringi filed an initial ownership report showing direct holdings of 4,336,783 Ordinary Shares. He also holds Performance Stock Units tied to 256,410 underlying shares of Common Stock with exercise prices between $2.0983 and $2.5525.
These units expire between May 18, 2026 and November 8, 2028 and vest only if the 20-day volume-weighted average price of Yatra Online Limited, a subsidiary, exceeds levels between INR 194 and INR 236 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
Shringi Dhruv
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Performance Stock Units | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Performance Stock Units — 256,410 shares (Direct);
Ordinary Shares — 4,336,783 shares (Direct)
Footnotes (1)
- Performance Stock Units were granted on May 19, 2022 and shall vest if the Volume Weighted Average Price of the 20 immediately preceding trading sessions of Yatra Online Limited, subsidiary of the Company exceeds INR 194 on any trading day and shall expire on May 18, 2026. Performance Stock Units were granted on July 20, 2023 and shall vest if the Volume Weighted Average Price of the 20 immediately preceding trading sessions of Yatra Online Limited, subsidiary of the Company exceeds INR 208 on any trading day and shall expire on July 19, 2027. Performance Stock Units were granted on November 09, 2024 and shall vest if the Volume Weighted Average Price of the 20 immediately preceding trading sessions of Yatra Online Limited, subsidiary of the Company exceeds INR 208 on any trading day and shall expire on November 08, 2028. Performance Stock Units were granted on May 19, 2022 and shall vest if the Volume Weighted Average Price of the 20 immediately preceding trading sessions of Yatra Online Limited, subsidiary of the Company exceeds INR 222 on any trading day and shall expire on May 18, 2026. Performance Stock Units were granted on July 20, 2023 and shall vest if the Volume Weighted Average Price of the 20 immediately preceding trading sessions of Yatra Online Limited, subsidiary of the Company exceeds INR 236 on any trading day and shall expire on July 19, 2027. Performance Stock Units were granted on November 09, 2024 and shall vest if the Volume Weighted Average Price of the 20 immediately preceding trading sessions of Yatra Online Limited, subsidiary of the Company exceeds INR 236 on any trading day and shall expire on November 08, 2028. The exercise prices are reported in U.S. dollars and reflect the conversion from INR to USD at an exchange rate of $1per equivalent to INR 92.457 as of March 17, 2026.
FAQ
What does Dhruv Shringi report owning in Yatra Online, Inc. (YTRA)?
Dhruv Shringi reports direct ownership of 4,336,783 Ordinary Shares of Yatra Online, Inc. He also holds Performance Stock Units linked to 256,410 underlying Common Stock shares, reflecting potential future equity if vesting and exercise conditions are satisfied.
What performance-based awards does Dhruv Shringi hold in YTRA?
He holds several Performance Stock Unit awards covering 256,410 underlying Common Stock shares. These have exercise prices between $2.0983 and $2.5525 and are subject to vesting conditions based on the trading performance of Yatra Online Limited, a subsidiary.
When do Dhruv Shringi’s Performance Stock Units in YTRA expire?
The reported Performance Stock Units expire on dates between May 18, 2026 and November 8, 2028. Each grant has its own stated expiration date, so any unvested or unexercised units would lapse after those specific deadlines if conditions are not met.
What are the vesting conditions for YTRA’s reported Performance Stock Units?
The units vest only if the 20-day volume-weighted average price of Yatra Online Limited, a subsidiary, exceeds thresholds between INR 194 and INR 236 on any trading day. Each grant has its own INR price hurdle and corresponding expiration date.
How were the YTRA Performance Stock Unit exercise prices determined in USD?
The exercise prices are reported in U.S. dollars using an exchange rate of $1 = INR 92.457 as of March 17, 2026. This converts the underlying Indian-rupee-based price thresholds into U.S. dollar terms for disclosure consistency.